Am I doing the right thing - Lindsell Train Global Equity

[gregs1959]

Sorry meant sidicks

Late in evening and I'm off to bed .......

[anonymous-user]

gregs1959 said:

Still no clearer lads. Do I or don't I. If not then what ?

Mark

Look East. Japan/Asia Pacific

[vindaloo79]

I would definitely be looking to spread the money across a few funds.

I hold some of the Lindsell Train GE. 10%

I have a temporary oversize stake in scottish mortgage - Inv Trust. This has been the main breadwinner for my SIPP/ISA for the last couple of years. http://www.iii.co.uk/investment/detail?code=cotn:S...

Check out the model portfolios based on your investment goals on the money observer website.


http://www.moneyobserver.com/model-portfolios

I started here with one of their portfolios, but have recently cut back for summer and was looking to reinvest in October. Was just happy to lock in the gains made since brexit vote for the time being.

[Jon39]

snabzter said:

Very much agreed. I was just showing the difference between total return index and capital index in reply to Jon39.

Yes understood. In 2016 there was a bigger difference than has been usual, between the 100 and A-S indices.
Reason, the Referendum result and the consequent sudden reduction in the value of Sterling (100 mostly global, A-S more UK.)

I was on the right side of the currency fortunately, because I favour big global UK businesses, and finishd 2016 at + 22.17% (incl. divs.), so very happy with that.
As said, it was an unusual year, so I am not expecting such a big increase again for a while. I think it just shows that you never know what will happen, but if you are not in equities, you cannot benefit from the jumps when they do occur.

I only post this stuff, because it might encourage a few to take an interest in equity investment.

[Croutons]

HL has quite big overheads if you are investing solely in one fund. Other platforms may permit you to access the same but at a lower cost.

You might get slightly less ste through your front door about free pens with others though.

There is a fair amount in this forum over the last probably 5- 10 pages about different platforms and not just the cost, but people's experiences of using them (as it's not all about the headline rate obviously), as well as other funds people have had [past] experience with.

FWIW, I moved some pension cash into 2 funds at the start of the FY. Despite being well-regarded, they dropped around 4- 5% each pretty much straight away, and have just about recovered to what I put in to them. Bad luck on may part perhaps, but this is what happens when you invest in anything equity-based.

[98elise]

98elise said:

Jon39 said:

sidicks said:

But the FTSE All share would be a poor representative benchmark for a Global equity portfolio!

Yes I agree with your technical point.
You could use the FTSE 100 Index, because most of those UK companies are trading worldwide, but in reality there is usually not very much difference in the annual performance of those two indices.

My main point though, was that very few fund managers can consistantly beat the FTSE All-Share Index, so that is a good one for investors to use as a target. It even understates which helps, because funds will receive income and that is not included in the Index.

I think that is the simplest way to check how things are progressing.
Trying to monitor every individual country investment - well no fund investor would bother trying.

Edited by Jon39 on Wednesday 13th September 17:15

Lindsell Train Global Equity has had pretty good consistent gains. I have a chunk of my SIPP with them , and it's done well.

I do have my SIPP split over a number of funds though, all H&L wealth 150 with similar growth and cost as Lindsell Train.

Just to add my current funds

Below is my spread of funds, I have

Lindsell Train Global Equity (38%)
Baring Europe Select (19%)
FP CRUX European Special Situations (19%)
Standard Life Global Smaller Companies (19%)
Old Mutual UK Mid Cap (5%)

Currently all my new contributions are going into Old Mutual UK Mid Cap, hence is being much smaller than the others. When it has an equal share of whole, then I'll start investing in another fund.

I intend to keep Lindsell Train Global bigger than the other funds as they were my first choice of fund and have had great returns.

[98elise]

Jon39 said:

98elise said:

Lindsell Train Global Equity has had pretty good consistent gains. I have a chunk of my SIPP with them , and it's done well.

Pleased to hear 'it's done well', but what does that mean?

What were the percentage results for each of the last five calendar years?
The target figures that I refered to previously were;

2012 + 10.63%
2013 + 16.64%
2014 - 2.13%
2015 - 2.50%
2016 + 12.45%


I think that makes it +27.79% over those five years, plus the income received.

Edited by Jon39 on Wednesday 13th September 21:37

The past 5 years for Lindsell Train Global Equity is

25.96%
14.54%
16.62%
28.63%
22.65%

http://www.hl.co.uk/funds/fund-discounts,-prices--...

The 5 year graph shows 165% over 5 years, which I assume is compounding

http://www.hl.co.uk/funds/fund-discounts,-prices--...

Edited by 98elise on Thursday 14th September 12:57

[RanchoGrande]

As others have said, spread for safety. Have a look at what happened to the Woodford fund recently, that'll inspire you to spread your risk.

My top 3 performing funds are as follows:

Standard Life Inv Global Smaller Companies 38.43%
River & Mercantile UK Dynamic Equity 24.87%
Baring Europe Select 23.31%

Lindsell Train is number 4 at 22.01%

[gregs1959]

This shows my naivety I didn't realise you was able to hold different funds/shares in the one Isa. Can't believe it. Anyhow thanks to all your posts I've spread it about a little :-

Standard Life Inv Global Smaller Companies

Baring Europe Select

Lindsell Train Global Equity Class D.

I might as well also tell you, I have previously also put £65,000 in one fund 🙏🏻 (Fundsmith) as again didn't know i was able to mix and match. ( before anyone pick up that's my wife's Isa)

Question ? Am I still too exposed due to the amount in Fundsmith. Only just transferred it in last month or do I leave it. ?

I am currently putting £1,000 month split between Fundsmith and Linsdell Train Global Equity do I leave it be or swop to something else to balance things further. ?

Once again thanks lads for your input it has been invaluable.
Mark

[DoubleSix]

If you using HL the transaction cost would be pretty minimal to redistribute it a bit.

But I'm not advising you do, just pointing put there are no barriers.

[Stuart1961]

It is always difficult to answer individual queries without having chapter & verse; age, savings, pension, retirement plans, mortgage, debts, outgoings, dependants, attitude to risk, etc...

In my opinion it would always be prudent to diversify and choose a number of funds in order to spread your risk, albeit there is an argument that if you choose too many funds that you are increasing your exposure to one or more funds not succeeding.

I moved my largest investment, representing c20% of my savings and being part of my pension from an Old Mutual Fund to Fundsmith in 2015 and have seen it grow by 50+% in less than two years. With hindsight I wish I had moved it a year or two earlier and didn't invest more but then that's hindsight !

I did a lot of research into Fundsmith and Terry Smith's investment strategy being similar to that of Warren Buffet and am a strong believer of Fundsmith; a relatively small number of companies with an excellent track record.

I also have investments in other funds including but not limited to Artemis Global, Baillie Gifford Emerging Markets, Baillie Gifford China, Black Rock Global, HSBC FTSE All Share, Vanguard Life Strategy 80% & Vanguard Life Startegy 100% and all are showing good growth.

I don't tend to invest much in shares but I am also invested in Range Resources shares, which I have likewise had good growth with and believe that there is considerable potential.

As is always the case, it pays to do your research and whatever you do never put all your eggs in one basket so as to limit your risk.

[vindaloo79]

Stuart1961 said:

I don't tend to invest much in shares but I am also invested in Range Resources shares, which I have likewise had good growth with and believe that there is considerable potential.

Don't bet the farm on this share, I was around for the pump and dump the first time round. I was lucky to take a small profit but saw people get wiped out chasing this share to the bottom.

http://www.iii.co.uk/investment/detail?type=chart&...

[RanchoGrande]

gregs1959 said:

This shows my naivety I didn't realise you was able to hold different funds/shares in the one Isa. Can't believe it. Anyhow thanks to all your posts I've spread it about a little :-

Standard Life Inv Global Smaller Companies

Baring Europe Select

Lindsell Train Global Equity Class D.

I might as well also tell you, I have previously also put £65,000 in one fund ???? (Fundsmith) as again didn't know i was able to mix and match. ( before anyone pick up that's my wife's Isa)

Question ? Am I still too exposed due to the amount in Fundsmith. Only just transferred it in last month or do I leave it. ?

I am currently putting £1,000 month split between Fundsmith and Linsdell Train Global Equity do I leave it be or swop to something else to balance things further. ?

Once again thanks lads for your input it has been invaluable.
Mark

That Fundsmith one looks good, not seen that one before. Looks like they have holdings in some good companies.

It's super easy to move funds around or split a big holding up on H&L, I've done it quite a bit.

[98elise]

Stuart1961 said:

I moved my largest investment, representing c20% of my savings and being part of my pension from an Old Mutual Fund to Fundsmith in 2015 and have seen it grow by 50+% in less than two years. With hindsight I wish I had moved it a year or two earlier and didn't invest more but then that's hindsight !

I did a lot of research into Fundsmith and Terry Smith's investment strategy being similar to that of Warren Buffet and am a strong believer of Fundsmith; a relatively small number of companies with an excellent track record.

Thanks for posting that. I may add Fundsmith to my SIPP as I need to diversify more.

[Stuart1961]

vindaloo79 said:

Stuart1961 said:

I don't tend to invest much in shares but I am also invested in Range Resources shares, which I have likewise had good growth with and believe that there is considerable potential.

Don't bet the farm on this share, I was around for the pump and dump the first time round. I was lucky to take a small profit but saw people get wiped out chasing this share to the bottom.

http://www.iii.co.uk/investment/detail?type=chart&...

I agree don't bet the farm on it but worth a dabble.

As with any share the key is to buy and sell at the right time but of course what is the right time !?

If however you had bought some Range Resources shares first thing this morning, following my suggestion, you would now be sitting on an increase in the share price of 38% as at the end of today. So if you had sold at the end of the day, even allowing for buying and selling costs you would still have cleared a 30%+ profit in a day !

[sidicks]

Stuart1961 said:

I agree don't bet the farm on it but worth a dabble.

As with any share the key is to buy and sell at the right time but of course what is the right time !?

If however you had bought some Range Resources shares first thing this morning, following my suggestion, you would now be sitting on an increase in the share price of 38% as at the end of today. So if you had sold at the end of the day, even allowing for buying and selling costs you would still have cleared a 30%+ profit in a day !

But that's gambling, not investing.

[Stuart1961]

sidicks said:

Stuart1961 said:

I agree don't bet the farm on it but worth a dabble.

As with any share the key is to buy and sell at the right time but of course what is the right time !?

If however you had bought some Range Resources shares first thing this morning, following my suggestion, you would now be sitting on an increase in the share price of 38% as at the end of today. So if you had sold at the end of the day, even allowing for buying and selling costs you would still have cleared a 30%+ profit in a day !

But that's gambling, not investing.

So are you saying that if you buy and sell the same day it is gambling but if you buy and sell after a year it isn't ?

Both are exactly the same other than the period in between.

The key is doing your research and if you buy a share because of the right reasons, e.g growth potential or yield, then you should hang on to those shares until you think the time is right to sell

......but of course none of us have a crystal ball as to know when is the right time to sell !

I wasn't proposing to sell, I had simply recommended yesterday a share to consider buying and had provided a 24 hour update but someone will of course say that it could easily have gone down.

[sidicks]

Stuart1961 said:

So are you saying that if you buy and sell the same day it is gambling but if you buy and sell after a year it isn't ?

Both are exactly the same other than the period in between.

The key is doing your research and if you buy a share because of the right reasons, e.g growth potential or yield, then you should hang on to those shares until you think the time is right to sell

......but of course none of us have a crystal ball as to know when is the right time to sell !

I wasn't proposing to sell, I had simply recommended yesterday a share to consider buying and had provided a 24 hour update but someone will of course say that it could easily have gone down.

Yes, the timescale is fundamental.

But, to clarify:
Buying a stock for investment, but selling after a short period due to strong gains is fine.
Buying a stock with a 1-day time horizon is (generally) really just gambling!

Edited by sidicks on Friday 15th September 17:16

[jonny70]

Stuart1961 said:

It is always difficult to answer individual queries without having chapter & verse; age, savings, pension, retirement plans, mortgage, debts, outgoings, dependants, attitude to risk, etc...

As is always the case, it pays to do your research and whatever you do never put all your eggs in one basket so as to limit your risk.

This is good advice .
@ Greg ( original poster) is the 65k all your savings that ur putting into one fund (edit u mentioned u put 65k into one fund in ur wife's name ) so the 130k into 2 funds ? Do u have other stock market savings ? Or if not what other savings do u have?

Know-one can give you the right answer without knowing more about your savings( and what proportion this 130k represents of ur savings )

Example if the 130k is your entire savings then dumping the whole amount into 2 global equity funds at the same time may not be the smartest move .

[gregs1959]

Jonny 70

This is where I am :-

Now split my funds up slightly.

£75,000 - Fundsmith. (Had 10,000 before moved a cash Isa in last month)
£27,000 - Lindsell Train Global Equity Class D.
£25,00 - Standard Life Inv Global Smaller Companies
£15,000 - Baring Europe Select.

£15,000 in cash Isa
£70,000 in NS&I
Few grand under the bed lol

Never previously put any Money in S&S always in cash accounts. Oh for the days when you could get 7% interest 🙏🏻